GBPCAD Long

W2 was a deep sharp pullback. W3 is 2.618 Fib extension of W2. W4 is a 50 Fib extension of W3 and also a deep pullback without moving into the price range of W1. Potentially a 5th wave projecting between the 1.80000 - 1.79700 price levels.
Wave Analysis

Penafian